SF Magazine: Contract Manufacturing for OEM CFOs
June 17, 2021
“The CFO’s team should be involved in all outsourcing decisions, including CMO selection and management. Throughout the selection process, the CFO provides leadership and a framework for evaluating decisions and expected results from a cash and operational risk perspective. Perhaps most importantly, finance professionals help evaluate costs, calculate what-if scenarios, and analyze the risks and rewards of different production or logistics options…The CFO identifies relevant costs, drilling down into details such as inbound freight, labor, overhead, capital, and inventory.”